What is the forecast for une

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It is now near the end of May and you must prepare a forecast for June for a certain product. The forecast for May was 975 units. The actual demand for May was 1000 units. You are using the exponential smoothing method with an alpha of 0.25. What is the forecast for une?

(Please show the work in the formula....not excel sheet)

Reference no: EM131485764

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